Suppose you make a beautiful coffee table out of Jupiter trees. Your materials costhe materials cost for each table is $135. You pay your Craftsman $25 per hour and it takes him 5 hours to complete one table. If you sell those tables for $689 what is your cost of good sold percentage

Suppose you make a beautiful coffee table out of Jupiter trees. Your materials costhe materials cost for each table is $135. You pay your Craftsman $25 per hour and it takes him 5 hours to complete one table. If you sell those tables for $689 what is your cost of good sold percentage

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter10: Short-term Decision Making

Section: Chapter Questions

Problem 6EB: Country Diner currently makes cookies for its boxed lunches. It uses 40,000 cookies annually in the...

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Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.

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Suppose i have beautiful coffee tables i am building and the materials cost for each table is $135.00 and i pay the craftsman $25.00 per hour and it takes him 5 hours to complete one table . If you sell these tables for $869.00 what is my cost of goods sold percentage
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